21 Apr 2025
Sentiments on Shenhua’s auction platform improved futures contracts on the Dalian Commodity Exchange climbed for two straight sessions. This allowed the seller to hold auction prices steady, while buyers continued to procure at robust uptake rates.
Shandong Yulong applied CNY40–50/ton discounts to its PE auction prices, reversing course after the previous stable-to-firmer levels met with sharp resistance.
Regional sentiment remains under pressure as Asia’s petrochemical market grapples with broader macroeconomic headwinds, particularly the intensifying US–China trade tensions
21 Apr 2025 PPH Raf
However, the latest round of price reductions has failed to stimulate meaningful buying interest, as persistent macroeconomic concerns—primarily driven by uncertainties surrounding global trade policy
The modest rebound in futures encouraged sellers to keep offers largely steady, with a few LLDPE suppliers testing the waters with CNY50/ton hikes in a bid to assess whether prices had bottomed out.
19 Apr 2025
The Chinese PVC market staged a modest rebound after hitting historic lows in the prior week, as sellers sought to lift prices in response to crude oil gains.
19 Apr 2025 PET Bottle
The Chinese PET bottle market continued its downward trajectory in the week ending 18 April 2025, pressured by a notable increase in domestic supply and persistent macroeconomic uncertainty.
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